By Juan Cole / Informed CommentSep 26, 2017
The president has been giving his full attention to protesting the behavior of athletes while Puerto Ricans struggle in the wake of Hurricane Maria. Dig deeper ( 3 Min. Read )
Staff / TruthdigAug 10, 2017
The lawyer, a Republican and Trump supporter, asks Mnuchin to recognize the damage done by big banks. Dig deeper ( 4 Min. Read )
Staff / TruthdigJun 11, 2016
The online media site owes Hulk Hogan $140 million after it lost a privacy lawsuit earlier this year, but it’s hoping to be bought by publishing company Ziff Davis, which could lower its payment. Dig deeper ( 2 Min. Read )
Chris Hedges / TruthdigMay 30, 2016
Part of the daily reality of poverty in America, evictions—along with mass incarceration—are the mechanisms used to destroy communities and profit from the misery of the poor. Dig deeper ( 12 Min. Read )
Staff / TruthdigJan 31, 2016
An old clip of the Massachusetts senator shows she's known the truth about Hillary Clinton's relationship with Wall Street for quite some time. Dig deeper ( 1 Min. Read )
Robert Reich / TruthdigOct 4, 2015
Bankruptcy was designed so people could start over. But these days, the only ones starting over are big corporations, wealthy moguls and Wall Street bankers, who have had enough political clout to shape bankruptcy laws (like many other laws) to their needs. Dig deeper ( 6 Min. Read )
David Sirota / TruthdigSep 4, 2015
A Joe Biden campaign risks confronting the scorn of one of the party's most influential progressives, Sen. Elizabeth Warren. Though Biden has reportedly sought her favor, Warren has historically refrained, accusing him of acting as a tool of the credit card industry by limiting debt relief for people grappling with financial trouble. Dig deeper ( 3 Min. Read )
Robert Reich / TruthdigSep 6, 2014
Detroit is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans. Dig deeper ( 3 Min. Read )
By Ellen Brown, Web of DebtAug 15, 2014
Argentina has now taken the U.S. to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy. Dig deeper ( 6 Min. Read )
BLANKDec 4, 2013
In a perverse case of making the victim pay for the crime, a federal bankruptcy judge says the city of Detroit can renege on pension promises. Experts say the decision could be a template for other governments seeking to get out from under obligations. Dig deeper ( 3 Min. Read )
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